GOA CARBON

GOA CARBON *BIG BREAKING-EXCLUSIVE* Neutral Citation Number: 2023/DHC/000178 - IN THE *HIGH COURT OF DELHI AT NEW DELHI Date of decision: 10th JANUARY, 2023* Verdict: Allowed and the Respondents are directed to re-draw the allocation of Raw Petroleum Coke to the various calciners in accordance with the observations made by this Court in this Order What is the case: One Calciner got additional allocation of Raw Petroleum Coke for its expansion of 1.30 lakhs metric tonnes for the last three financial years. Vide the above said order of The Delhi High Court stated that *this allotment has the effect of upsetting the rationale of the Order dated 09.10.2018 passed by the Apex Court while LPA 25/2021 etc. fixing the quantity of import of Raw Petroleum Coke at 1.4 Million MT.* The above order will allow *GOA CARBON to get additional allotment of RPC from 1.8 lakhs* (approx.) than allocated for the last three FYs and future. DoW estimates that Goa Carbon should get approx 40000 Ton of additional RPC ( raw material for CPC) every year. It will help increase production by 50000 Tons p.a. resulting in Profit to increase by roughly 20 Cr